Though you can find an urban unit for $500,000 or less, it likely wont be huge. Send requests to: permissions@howmuch.net. While the home is nothing to write home about, US News ranks Portland as one of the best places to live in the nation, thanks to its high quality of life, low unemployment, low violent crime rates and decent school systems. While the property seems like good value, bear in mind that hurricane season in Virginia Beach lasts from June through November and can bring strong winds and flooding. $489,000. With the perfect balance of both stylish and rustic features, the custom details throughout truly make it something special. A house in the Elk Grove suburb of Sacramento priced at nearly $500,000. 2. National parks abound, and the gorgeous Curt Gowdy State Park is less than an hours drive away from Cheyenne. There is a huge difference between living in a 1,000 square foot house versus a 10,000 . Please see our. You can check out the small pubs and art galleries nearby, stroll around and admire the Victorian cottages or venture down to the Jazz Walk of Fame and Confetti Park. If youre worried about the cost, you can always rent out the yard of this Omaha villa for weddings. Its even equipped with the latest smart home technologies, including smart locks, the Ring video doorbell, a smart garage door and a learning thermostat. See more homes for sale in Olathe, KS under $500K. With these real estate prices, its no wonder these states also lead the nation in consumer debt. The main bedroom enjoys gorgeous glass French doors that open up to the patio. With home values so costly in some parts of the country, you just may be able to find a four- or five-bedroom home for a cool $500K. We meant Saint George, Utah. Indiana: 4,630 Sq. Check. Location: The west side of Idaho Falls. Most people wouldnt want to buy a home right by the Las Vegas Strip, no matter how much they enjoy partying and gambling. Did we say were moving to Texas? Indiana. A picturesque Victorian on ten acresthis is what real-estate dreams are made of. Use SmartFinancial right now and stop overpaying for home insurance. Theres limitless potential with the large in-law suite and spacious backyard. But if you work at one of the Strips glitzy neon casinos or resorts, this luxe Panorama Towers condo is just minutes away. This 831 square-foot home has a wonderful backyard and includes a two-car garage. This newly constructed ranch home in Cheyenne offers a quiet rural existence, although itll take you just 15 minutes by car to get to the heart of the city. Yes, a mortgage is a big deal, but it's probably not as complicated as you think. Analysis: All three of our homebuyers can afford this one. Take a look below at what $500K can get you in each of the 50 states. 12 Things in Your House That Are Making You Unhappy. The unique all-glass garage window makes for true indoor/outdoor living and lets in plenty of natural light. Ft. The open-concept living space features 13-foot ceilings, a wall of windows and bare concrete ceilings and pillars throughout. Have a family of 15? The kitchen features Carrara marble countertops and white cabinetry, and four tall windows in the living room allow for lots of natural light. The 12th-floor unit comes with a doorman, furnished roof deck and recently renovated bathroom. Join here. Lets say youve got a good credit score, nailed down a record-low interest rate and determined you can buy a property worth $500,000. The 1,658-square-foot property includes four bedrooms and two baths, with an open floor plan on the first floor, a skylight over the kitchen and a fenced backyard. Its also situated in the highly rated Andover School District. Just pick wildflowers on your 97(!) On the Northeast side of town, $500,000 could get you this massive, six-bedroom estate nestled along Lake Houston. The 3,683-square-foot furnished property is minutes away from the waterfront, downtown Louisville and the historic Old Louisville neighborhood. You can buy a house for around 500k - 600k in certain areas in the suburbs. The coastal city has plenty of things to do, with a bustling town center and three-mile boardwalk with gorgeous ocean views. Let us know in the comments and share with your friends. Theres even a finished basement with a fireplace. If golf, faith and foliage arent your thing, there are several grocery stores, coffee shops and restaurants nearby as well. Cost per Square Foot: $236 Average downpayment (12%): $65,384 The private, fenced backyard features fruit trees and a covered porch but isnt quite as refined as many of the others in this list. That sounds like a big number, but when you consider that the 2018 median size of a new home in America is 2,386 square feet (which is 1,000 square feet larger than 50 years ago), its no surprise that mortgage debt has hit a record-high $14 trillion. Built in 2007, it offers an updated kitchen, new appliances and stone countertops. This cute five-bedroom in Dunning is an option. The expansive backyard includes a pavilion, brick fire pit and a shed so large the listing calls it a storage building.. It also sports hardwood floors, a kitchen with Corian counters and cherry cabinets and a fireplace in the family room. Check out these 10 beautiful homes for sale under $500K right now: Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including a pool and gym. These variables can affect the overall cost of getting the house and make it unaffordable if you earn below $100,000. The primary suite is a peaceful retreat with vaulted ceilings and a spa-like master bath. See more homes for sale in Indio, CA under $500K. The 3,539-square-foot property has four Texas-sized bedrooms, three and a half baths and a second-story balcony that looks like it could seat 15 people. Heres Whats Wrong and How to Fix It. If youre not a nature lover, bustling Center City is just a short drive or train ride away. During the big game February 2, the Rocket Mortgage Squares contest will offer $50,000 in cash for randomly drawn winners at each score change (up to 30 of them). At the end of the game, two grand-prize winners will get $500,000 to potentially use toward their dream home. Sure, its hot in Covington, but look where you get to cool off. Courtesy of Steve Kazoleas, Ben Bay Realty Co. If youve ever wanted to be a lighthouse keeper, youre in luck. The products and services we review may not be right for your individual circumstances. Learn more about our, From the West Coast to the East Coast and down to the South, weve scoured the, for beautiful homes for sale under $500K. This picturesque Country Tudor home straight out of a storybook features oak hardwood floors, Carrara marble countertops in the kitchen and bathrooms and a half-acre, gated backyard. 3. You can completely relax in the homes spacious rooms, thanks to hardwood floors, new smart lighting and a wireless security system promising the feel of country living but all the convenience of the city.. First, we provide paid placements to advertisers to present their offers. However, its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for sale under $500K. Didnt plan for triplets? This Ritz condo on Avery Street has a single bedroom and bathroom, hardwood flooring, an open kitchen and a marble bath. The spacious home features a huge balcony, an open floor plan with vaulted ceilings, three bedrooms and two and a half bathrooms (with a marble walk-in shower). While you can find quite a few homes in Minneapolis for around $200,000, this stunning condo is located in the heart of the Mill District. True to that promise, you can find plenty of grocers, restaurants and coffee shops nearby, while Folly Beach famed for its pier, fishing, surfing and live music is less than an hour away. Patent pending. Theres also a shared pool and barbecue area. Visualizing the Size of Half a Million Dollar House in Every State. This condo places you within walking distance to the train station, museums, shops, restaurants, hospitals and schools, such as the Rhode Island School of Design and Brown University. The city of Billings is also known for offering an urban lifestyle in the midst of natural wonders, such as the famous sandstone Rimrocks, and numerous historic sites. Its not the White House, but a modern condo in the center of D.C. will do just fine. The affluent Chantilly neighborhood is secluded away from the rest of the city consisting of single-family homes and a small park but is still close to the shopping districts and nightlife that surrounding neighborhoods have to offer. The Depot Bench neighborhood includes many other homes built in the 1930s and 1940s, some in Spanish and Colonial Revival styles. Located near downtown, as well as the Houston Zoo, the Houston Arboretum and the Museum District, all the citys cultural hotspots are within reach. Problem is you paid 500k, the accessor is gonna take his pound of flesh and tax you at 500, not 250.. your tax liability is double what you thought it would be. Its no Venetian, but the apartment complex offers numerous amenities, including concierge services, an outdoor pool and spa, a fitness center, 24/7 valet and complimentary limo services, a game room, racquetball court, theater room and a pet park. Homeowners can look forward to spacious bedrooms, a double-sided gas fireplace, an outdoor pool, and a price point well below $500K. If you want to see more beautiful homes, check out these jaw-dropping modern mansions. SmartFinancial compares quotes from over 200 insurance companies to check for discounts and help you find lower rates in your area. Yep, this honest-to-goodness lighthouse has four bedrooms inside. This elegant cul-de-sac property in Chesopeian Colony is around 10 minutes away from the beach. However, the neighborhood does experience its fair share of crime and more than its fair share of noise, as it lies relatively close to the Interstate 65 highway. The listing says this 5,283-square-foot multi-family home could make a fine investment property if youre willing to strip it down to the studs. Depending on where you live, that could score you a stunning mansion or multifamily investment property or you might be lucky to get a one-bedroom condo. The content provided on Moneywise is information to help users become financially literate. Ft. ($97/Sq. With a spacious patio, open floor plan, and a home office, homeowners will never want to leave this Colorado abode! This cute little cottage in Maplewood is only half an hour from New York City. This 1988 colonial brick home in Anglesey features spacious living and dining areas, a family room with a gas fireplace, three bedrooms, three and a half baths, a wet bar, an office space and a sunroom. Updated January 2020: By searching, you agree to the Terms of Use, and Privacy Policy. 5. Ft.). 2023 Forbes Media LLC. It includes four bedrooms and three and a half baths. The perfect place to gaze at the mountains and dream about where to buy your next house. Built in 1907, it has been upgraded with new floors and new appliances.The master bedroom and two smaller bedrooms are on the main level and an upstairs loft can be designed as a fourth bedroom. Price: $500,000 Size: Four bedrooms, two bathrooms, 1,757 square feet, 6,621 square foot lot What We Love: Fully renovated, bungalow front porch, chef's kitchen, custom stone countertops Hawaii. Ft.) 3. Ft. ($101/Sq. Location is a plus, for the most part. Sitting in the St. Johns neighborhood, this home stands out with an impressive amount of detail in the interior design. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. Heres What A $500K Home Looks Like In Each State, {{ tocState.toggleTocShowMore ? Georgias capital has a diverse economy and a bustling nightlife, and while home prices are on the rise, the cost of living is still below the national average. Island life has its appeal, but Hawaii is a world away from the wide open spaces of the prairies. There's One Option Right Below Your Feet, How to Get a Mortgage: Follow These 9 Steps, The #1 new homeowner rule is to shop around for your mortgage. Welp, you dont have to worry about playing your music too loud when you live in the middle of a national forest. Well, that depends on where those winners are located. See more homes for sale in South Lebanon, OH under $500K. The median listing price for a home in Providence is just under $300,000, meaning $500,000 can nab you this luxury high-rise condo downtown. It could be a great fit for many retirees. The nearby Henry W. Maier Festival Park hosts the annual Summerfest music festival and other cultural events. So what can you get for half that number? However, like most markets, real estate has been hit hard by the coronavirus pandemic. 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